Sharjah / WAM The Department of Government Relations (DGR) in Sharjah, and the Embassy of Singapore in the UAE, have explored ways to further strengthen collaboration in sustainable development, education, and infrastructure. The two parties also discussed the establishment of investment partnerships in new and emerging sectors which they are prioritising to keep abreast of the shifts in market demand. ...

Abu Dhabi / WAM Mubadala Investment Company on Sunday announced that it will invest in Rodenstock Group, the leading manufacturer of premium ophthalmic lenses, as a minority investor alongside Funds advised by Apax (Apax Funds). Founded in 1877, Rodenstock has been a global leader in prescription lenses for over 140 years, with a strong track record of innovative product development ...

Sharjah / WAM Bee’ah announced it has signed a Memorandum of Understanding with Ripe Exhibitions Organiser Company to provide waste management services at The Ripe Market inside the Dubai Police Academy Park, a weekly community event that supports UAE home-grown businesses and local farmers. As part of the agreement, Bee’ah will work closely with Ripe Market’s facilities team to oversee ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) conducted 230,734 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As part ...

ABU DHABI / WAM The Abu Dhabi Fund for Development (ADFD) Board of Directors approved the allocation of AED735 million ($200 million) for Abu Dhabi Exports Office (Adex) to accommodate export financing that will help spur the growth of exports of UAE national companies. The 2021 budget allocation increased by 33.3 percent, with AED184 million ($50 million) over the 2020 ...

ABU DHABI / WAM Mohammed Thani Al Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry, received Moez Benmim, Ambassador of Tunisia to the UAE, to discuss with him means of bolstering joint trade cooperation to serve the business environment of both countries. During the meeting held at the chamber’s tower in Abu Dhabi, both sides ...

Sharjah / WAM The Department of Government Relations (DGR) in Sharjah, and the Embassy of Singapore in the UAE, have explored ways to further strengthen collaboration in sustainable development, education, and infrastructure. The two parties also discussed the establishment of investment partnerships in new and emerging sectors which they are prioritising to keep abreast of the shifts in market demand. ...

Bloomberg Royal Dutch Shell Plc and seven banks accused one of Nigeria’s largest oil producers of defaulting on loan repayments that stand at more than $900 million and are locked in a court battle to reclaim the money, legal documents show. The previously unreported impasse stems from a deal that Aiteo Eastern E&P Co. did six years ago to purchase ...

Gun control is back on the national agenda. While the killings in Georgia two weeks ago mostly prompted dialogue about motives and anti-Asian hate crimes, the murder of 10 last week in Colorado led President Joe Biden to urge Congress not “to wait another minute” before acting on gun regulation proposals, including a ban on assault rifles and high-capacity magazines. ...

The European Union’s attempt to protect the environment by developing a complicated, wide-ranging definition of green investments has run into yet more problems. This time, it’s opposition from those who support a more incremental approach. A new draft of the bloc’s sustainable finance taxonomy, which seeks to catalogue only activities aligned with climate protection, includes some forms of unabated natural ...